$ 4,950,000 – 3630 Carrington Road

0 BR / 0 BA Other – Westbank

High exposure development site located directly on Highway 97 in the heart of Westbank / West Kelowna. Situated between Bering Road and Peda Road, 3630 Carrington Road is a Westbank First Nation (WFN) site with a long-term lease in place. This is the first property to be rezoned to align with WFN’s new Master Community Plan as a Core District site. The new Planned Unit Development (PUD) zoning allows for high density mixed-use development including a variety of commercial uses and 300 residential units with a minimum building height of 6 storeys and approval for up to 26 storeys. Neighbouring tenants include McDonald’s, A&W, the future phase of Snyatan Shopping Centre and various multifamily developments. In additional to completing the rezoning of the property, the seller has also completed substantial due diligence including but not limited to environmental, archeological, riparian, traffic impact, etc. (id:6769)